Governments are struggling to balance their books and the global economy is in a precarious state, yet investors firmly believe that the state will still be able to contribute significantly to their retirement income. So, are investors being realistic or setting themselves up for a fall?

Schroders Global Investor Study 2016 found that while investors have a realistic view of how long they will live in retirement, their unrealistic income expectations and short-term investment outlook could see the fall short of their investment goals.